NPS Calculator

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NPS Calculator

National Pension System (NPS) Calculator

Inputs
GST-style sliders
Years 30 yrs
Years (max 60) 60 yrs
₹ already invested ₹ 0
₹/month ₹ 5000
₹/month (optional) ₹ 0
% increase applied every year to (Employee + Employer) 5%
% p.a. 10%
Min 40% (Tier I rule) 40%
% of annuity corpus per year paid out 6% p.a.
% p.a. (affects “real” corpus & pension) 5%
Monthly deposits are assumed at end-of-month. Tier I contribution (Employee + Employer) steps up annually by the chosen %. Pension ≈ (annuity rate × annuity corpus) / 12. Real values discount by inflation.
Results
Live updates
Total Invested
₹ 0
—
Estimated Corpus @ Retirement
₹ 0
Nominal (Tier I + Tier II)
Lump Sum
₹ 0
Tier I non-annuity + Tier II 100%
Annuity Corpus (Tier I)
₹ 0
used to buy pension
Estimated Monthly Pension
₹ 0
Nominal
Real (today’s ₹): ₹ 0
Inflation-Adjusted Corpus
₹ 0
discounted by inflation over investing period
  • Tier I / mo (Year 1) ₹ 0
  • Tier II / mo ₹ 0
  • Annual Step-Up (Tier I) 5%
  • Investment Period 0 years
  • Assumed Returns (T1/T2) 10% / 10%
  • Annuity % (Tier I) 40%
  • Annuity Rate 6%
  • Inflation 5%
Educational estimate. Actual returns/annuity payouts vary with market conditions & provider terms.
Year T1 Monthly @Start Contrib (T1) Interest (T1) End Bal (T1) Contrib (T2) Interest (T2) End Bal (T2) Total End Bal

What is it & why use it?
Estimate retirement corpus and pension with our NPS Calculator by combining employee and employer contributions. This tool on Calci.in explains concepts in plain language and helps you plan retirement contributions.

Formula (explained)
Corpus = (Monthly Contribution × (1 + r)^n – 1) / r × (1 + r)
Variables: r = monthly return rate, n = number of months, Contribution = monthly combined contribution.

Example calculation
Employee+Employer ₹5,000/month for 25 years at 10% return → Corpus ≈ ₹65 lakh (illustrative).

Benefits & use cases
• Plan retirement corpus
• Compare Tier 1 & Tier 2
• Know pension annuity value

Related calculators on Calci.in
PF & Gratuity Calculator
Income Tax Calculator
SIP Calculator

External references (authority sources)
PFRDA – NPS
NSDL – NPS Trust

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FAQs
Q1: Is NPS mandatory?
A: No, it is voluntary for most citizens but mandatory for certain government employees.
Q2: Is NPS taxable?
A: Contributions qualify for tax deduction under 80C and 80CCD, withdrawals are partially taxable.
Q3: What is Tier 1 vs Tier 2?
A: Tier 1 is mandatory retirement account, Tier 2 is optional flexible account.
Q4: When can I withdraw NPS?
A: Partial withdrawal allowed after 3 years; full after 60 years with annuity purchase rules.